Regulatory News
Regulations are the legal and procedural frameworks governments enact to shape many different aspects of digital assets. Regulations may address how digital money is created, bought, sold, and traded.
Cryptocurrency regulations across jurisdictions can range from detailed rules designed to support blockchain users to outright bans on trading them. A high-quality regulatory framework is crucial for achieving mass adoption of cryptocurrencies.
One key benefit of crypto regulation is the increased protection it offers investors. By imposing stricter compliance requirements on cryptocurrency businesses, regulatory oversight can help minimize fraudulent activities, scams, and Ponzi schemes.
It also clarifies tax rules, boosts investor confidence, encourages blockchain innovation, facilitates interoperability, reduces systemic risk, and promotes inclusion. To get latest changes and amendments in regulations, read from CryptoTale.
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OCC Confirms Banks’ Authority for Crypto Asset Management
US banks have formal approval to offer crypto custody and execution services under law. Banks may work with trusted sub-custodians…
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Fed Holds Interest Rates Steady Amid Inflation and Job Stability
The Federal Reserve retained interest rates at 4.25%–4.5% amid rising economic uncertainty. Labor market conditions remain strong while inflation stays…
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CZ Seeks Trump Pardon After Serving Four Months in Jail
Zhao confirmed that his legal team submitted the Trump pardon request two weeks ago. The pardon may let him return…
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CFTC Drops Appeal Against Kalshi Over Election Contracts
The CFTC has dropped its appeal, allowing Kalshi to legally offer political prediction markets. A federal judge ruled the CFTC…
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State Bitcoin Bills in Florida Officially Dropped Without Vote
Florida stopped progress on public BTC funds after two key bills failed to move forward. Lawmakers did not include crypto…
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Myanmar’s KNA Linked to $5.5B Crypto Fraud Targeting Americans
U.S. Treasury sanctioned Myanmar’s KNA for crypto scams, trafficking, and forced labor crimes. KNA defrauded Americans of over $5.5B through…
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SEC Set to Decide on Litecoin ETF as Approval Odds Surge
The SEC will decide on the Litecoin ETF on May 5 after accepting the filing in January Litecoin is trading…
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Crypto Hacker Busted by Kraken Through Smart Interview Trap
During the interview, Kraken found a fake applicant using voice tricks and false names. The email used by the hacker…
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Movement Labs Suspends Rushi Manche After MOVE Token Scandal
Movement Labs suspended Rushi Manche after allegations of a token-dumping scandal. Coinbase delisted MOVE after reports of a $38M dump…
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Ledger Scam Targets Users With Fake Letters for Seed Phrases
Ledger users receive scam letters, urging them to reveal their 24-word recovery seed phrases. To appear legitimate, the scam letters…
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Bitget Takes Legal Action Over VOXEL Price Manipulation
Bitget launched legal action against 8 accounts accused of manipulating VOXEL futures prices. Over $20 million was allegedly gained by…
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Paul Atkins Calls For Clear Crypto Rules at SEC Roundtable
SEC Chair Paul Atkins emphasizes the need for clear crypto regulations to support innovation. Outdated custody rules to be replaced…
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